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George Washington hesistated to take his salary at first, but became convinced that refusing salary would set a precedent that might discourage other less wealthy men from running for President.
He was offered an annual salary of $25,000, which he tried to refuse. He eventually accepted it to avoid setting a precedent that might have kept all but the wealthy from seeking the presidency.
$25,000 was the annual salary at that time.
his salary was $25,000.00 an amount he refused to accept and took a smaller amount.
There have been two U.S. presidents who chose not to take a salary during their time in office. The first was George Washington, who declined a salary for his entire presidency. The second was Herbert Hoover, who also refused to accept a salary during his term in office. Both presidents were independently wealthy and felt that they did not need the salary for their service to the country.
George Washington hesistated to take his salary at first, but became convinced that refusing salary would set a precedent that might discourage other less wealthy men from running for President.
Washington didn't get a salary.
He was offered an annual salary of $25,000, which he tried to refuse. He eventually accepted it to avoid setting a precedent that might have kept all but the wealthy from seeking the presidency.
$25,000 was the annual salary at that time.
$25,000 a year
Yes, George Washington.
his salary was $25,000.00 an amount he refused to accept and took a smaller amount.
thirty or forty thousand
There have been two U.S. presidents who chose not to take a salary during their time in office. The first was George Washington, who declined a salary for his entire presidency. The second was Herbert Hoover, who also refused to accept a salary during his term in office. Both presidents were independently wealthy and felt that they did not need the salary for their service to the country.
George Washington's presidential salary, which he initially refused to accept, is equivalent to an average of about $530,000 per year in 2010 dollars. The current President gets only $400,000 plus expenses.
He had no salary. to correct this answer George Washington's annual salary as President in 1789 was $25,000. my source: http://www.nps.gov/history/logcabin/html/gw4.html
George Washinton refused the presidential salary, however he asked for his living Who_is_the_only_President_not_to_accept_a_salaryto be covered. Theodore Roosevelt used his salary solely for entertaining at the White House. John F. Kennedy donated his salary to charity.Read more: Who_is_the_only_President_not_to_accept_a_salary